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CNN
Jan 13, 2013 12:00pm PST
never have been in circulation. the federal government has already reached the debt ceiling of nearly $16.4 trillion. >>> and a dangerous find in new york's central park. conservancy workers were cleaning an 18th-century cannon when it was realized it was fully loaded and ready to fire full of gunpower and a cannon ball. a bomb squad was called in to remove the explosives. >>> i'll be back in one hour and i'll show you the apps that can help you track the deadly flu outbreak. where you live. and locate a doctor who can treat you if you get sick. but first, ali velshi explains why we still don't have a budget and how our elected officials have bungled a basic business process that most of us handle with ease, it's a must-see "your money" starts right now. >>> america's road to economic recovery is wide open. it's right there in front of us. if our elected officials don't put some major road blocks in the way. i'm ali velshi, this is your money. debt ceilings, budgets and debt ceilings are all you're going to here coming out of washington the next few months and the partisan warfare in
CSPAN
Jan 13, 2013 10:00am EST
discussed is trying to avert the debt ceiling debate by either invoking the 14th amendment, minting a $1 trillion coin. what do you think about those? do you think those are viable options and would you be opposed to them? >> i don't believe that anyone should hold the american people hostage for a ranssome that they couldn't get in the ballot box. and that's what we see being done with the whole issue of the debt ceiling. for things we did we borrowed money. in fact, republicans and democrats alike passed these budgets and now republicans are saying they don't want to pay for the thing that is they voted for in these previous budgets. that to me is not the way you run government once again and to allow someone to play political mischief, to put preconditions on a balanced deal by saying we're going to ask for a ransom devastating cuts to social security and medicare, in order to cover costs to things like the bush tax cuts, unpaid for wars in iraq and afghanistan don't make sense. so i agree with the president. the american people should not be held hostage with this game of using the d
NBC
Jan 13, 2013 10:30am PST
carrier. the less expensive version would have a plastic body. >>> the debt ceiling, new treasury secretary, will washington be an on stockles to the market and the economy or will washington be a help? joining me now is geg i and author of "the economist" and jerry webman, chief economist at oppenheimer funds. thanks for joining us. >> hi. >> greg, let me kick this up with you. president obama's pick for treasury secretary, chief of staff, jack lew, will take over for timothy geithner. is this a missed opportunity to be friendly to business, the business community, or is this a new call since it appears that nobody on earth knows this better than mr. lew. >> well, i think jamie dimon would build business between the community which feels a little bit alienated by the administration's first-term policies and mr. obama. but what they got is a guy -- not one of them, but does know the budget really well and the clearly the main challenge on the economic front for the first year is going to be on the fiscal front. insofar as jack lew has the trust of the president is in power to make
FOX News
Jan 13, 2013 7:00am PST
to negotiate on the debt ceiling and see queststration. he hasn't officially started his second term with all of that happening. charlie hurt is a columnist for the washington times it is always great to have him here. >> of all of those issues which do you expect the president has the toughest challenge getting his agenda. >> they are all very thorny, but i think the overriding issue that will continue to be the big separation between republicans and the president is spending. the issue of continuing to spend more money, continuing to borrow money, instead of making the severe cuts across the board that will separate the two. i think what's so interesting is of all of the fights as you pointed out even before he has been sworn in for a second term of all of these fights he picked a number that he didn't need to pick. republicans and the senate made it clear about some of these nominations such as jack lew and chuck hagel made it clear they were going to adamantly oppose the nominations if he made them. he went ahead and made them. it leads me to think he is trying to put out as many fights a
ABC
Jan 13, 2013 8:00am PST
take the debt ceiling off the table. but if not mint the darn coin." 24 hours later, the treasury department said no way. it's not going to happen and closed the doors. make the case for why you were for it. >> the thing you have to understand, the debt ceiling is a fundamentally stupid and -- but dangerous thing. we have congress that tells the president how much he must spend, tells him how much he's allowed to collect in taxes. he says okay there's a difference there. i've got to borrow it. no, you can't borrow it. so the whole debt ceiling thing itself is a crazy thing and forces the president to do something illegal. either to defy congress on what it told him to spend or defy them on borrowing and told him not to and have the weird loophole which everyone agrees is crazy. but is a loophole that says that the secretary of the treasury can mint a coin for any amount which is supposed to be for commemorative pieces but does avoid -- does offer a way to bypass this and all that's really doing is the way to bypass the debt ceiling. it isn't even printing money but saying, hey, we
CSPAN
Jan 13, 2013 7:00am EST
the debt ceiling. it also removes the debate on section four of the 14th amendment. we will focus on all of this this sunday morning. it was a call. numbers at the bottom of your screen. we also want you to join us online on twitter and facebook or send us an e-mail. we will get your calls and comments in just a moment. our question, whether or not they residents can -- president can't bypass congress to raise the debt ceiling. she is preparing for his inaugural address. the president will seek a citizenship pass in a push as the debate over immigration continues here in washington and around the country. another headline getting a lot of attention is that the vice president continues his recommendations on how to deal with gun violence. tuesday he will give the president has outlined. p--- his outline. ,et's go to the hill newspaper which has one of a number of stories on this sunday morning related to the debt limit. senate democrats telling the president he may need to raise the debt limit on his own. a letter sent to the president on friday advising the white house to be prepared to
FOX News
Jan 13, 2013 9:00am PST
the power to ignore the debt ceiling. >> shannon: all right sm. democrats are pointing to a section that reads that the validity of the public debt of the united states should not be questioned. they say, based on that, they would support president obama, in raising the debt ceiling without congressional approval. joining me now to talk about that and many other thicks, former mississippi governor, republican, haley barbour. thank you for coming in. >> i hope the president doesn't try to do that. to try to take away from the congress the power that the constitution directly gives the congress. that is the power to -- to spend, the power to control the debt. i know that the treasury department has announced they are not going to do it. i hope they stick to that decision because this is -- we should never have a situation where one person-- the president -- can put our country deeper, deeper, deeper in debt. we are doing a bad job of that now. it would be really bad if it was not -- if the congress let their control go. >> shannon: you saw the white house press secretary says it is no
CSPAN
Jan 13, 2013 6:00pm EST
of these issues. trying to avert the debt ceiling debate by invoking the 14th amendment, cementing dosh minting the trillion dollar coin -- do you think those are viable options, would you be opposed to them being used? , i don't believe anyone should hold the -- >> i don't believe anyone should hold the american people ransom for what they could not get done in the ballot box. paying for our debts in the past -- for things we did, we borrowed money. republicans and democrats alike past these budgets -- passed these budgets. in our publicans are saying they don't want to pay for the things they voted for -- now republicans are saying they don't want to pay for things they voted for in past budget. to allow them to put conditions on the balance deal by saying we are going to ask for a ransom, devastating cuts to social security and medicare, in order to cover costs for things like the bush tax cuts, unpaid wars in iraq and afghanistan -- i agree with the president. the american people should not be held hostage with this game of using the debt ceiling as a way to try to extract what you could no
MSNBC
Jan 13, 2013 9:00am PST
the enlisted men and women who serve for the u.s. military. >> hmm. we have to talk debt ceiling, peter, because there's been this talk of minting that trillion-dollar coin. that is now off the table. so is the white house looking at another big fight here, and do you think if so it's on par with what we saw at the fiscal cliff? >> i think in many ways this one could be a lot more significant. this could be a lot more difficult than the fiscal cliff. there was a deadline for that and that was an issue that a lot of people felt would be resolved ultimately in some form the way that it was. the debt ceiling crisis does sort of put these o'two sides, the republicans and democrats and the white house and congress head to head. once again right now, the republicans have insisted that the only way they will raise that debt ceiling past the 16.4 trillion mark where it is right now is if they get dollar for-dollar spending cuts that match that raise. the president has said, his press secretary has said, they will not negotiate on this issue. on the fiscal cliff issue they were willing to negoti
PBS
Jan 13, 2013 8:00am PST
congress prevents it, you know creates an entirely self-inflicted shortage through the debt ceiling. how is it exactly that we're supposed to have this crisis that leads to a double dip recession? it really doesn't even make sense as a story. and yet it is one of those things that people say and by and large, are not contradicted on. >> we keep hearing from the right that we're here on the path to becoming greece, and you say that that's impossible? >> yeah. we, even if, suppose that people decided, investors decided they don't like u.s. government debt, it can't cause a funding crisis because the u.s. government prints money. it's even hard to see how it can drive up interest rates because the fed sets interest rates at the short end, and why exactly would the long run rates go up if you don't expect the fed to raise rates? it could lead to a weakening of the u.s. dollar against other currencies. but that's actually a good thing. that would make u.s. exports more competitive. that would actually boost our economy. so it's, actually impossible to tell that story, as far as i can tell. an
MSNBC
Jan 13, 2013 12:00pm PST
these crises. this is coming up again in february when it's going to be time to raise the nation's debt ceiling, and there's no clear path in during that at this point. it will happen in march when they have to extend government funding, and will the government shut down if they don't? these budget battles will continue to find congress, and there's really no way out, so if we -- if congress can't resolve a lot of these issues, you probably bet that that approval rating will be and will go even lower if that's possible. >> it is possible. the numbers, as we're looking at it just a moment ago, manu and meredith, hit in the 10% range not too long ago. the question is will they go single digit? on abc this week senator joe manchin had some things to say about getting things done in both chambers. listen to this, and i'll get your reaction. >> okay. >> i've yet to have a bipartisan meeting that's been organized where republicans and democrats in the senate sit down and work through their problems. think about just in the senate we don't have that type of dialogue going on from democrats and republi
CNN
Jan 13, 2013 10:00am PST
in washington will be over the debt ceiling. can president obama end this craziness and bypass congress altogether? we'll talk about the out of the box solutions and whether they would work. >>> and, finally, this is the signature of the man who might be the next treasury secretary. we'll look back through history to see if there's any loopy president. speaking of secretaries of the treasury three former holders of the office and many other statesmen and women offering advice to the president on a new gps special tonight "memo to the president, road map for a second term." tonight at 8:00 p.m. and 11:00 p.m. eastern and pacific. >>> first, here's my take. chuck hagel's nomination as america's next secretary of defense has drawn fire from people who say he's outside of the main stream. in fact, he's a pretty straight forward, traditional republican on most issues with a reluctance to go to war, born of knowledge and experience. where hagel does appear out of the mainstream in washington's world of group think is on iran. which i would argue is a good thing because washington desperately
FOX Business
Jan 13, 2013 6:00pm EST
the constitution allows him to raise the debt ceiling on his own, again, congress be damned. add it up, i'm telling you, barack obama is doubling down. and here's the kicker. with plenty of compliant democrats in congress to help. but those democrats might regret what they're aiding and abetting, because they're the ones who'll be fumbling and fuming. when nancy pelosi pushes the 14th amendment to give the power to bypass congress, she is giving him the power to bypass her too. you don't need a trillion dollar magic coin to realize this is nothing less than a high stakes power grab. now, it's not unusual for presidents of either party to try. it is very unusual for so many in both parts to lay down and let him do it. all right, here to hash it out, constitutional expert ilya shapiro and sabrina schafer as well as "the wall street journal"'s steve moore. steve, a disturbing series of events, to put it mildly. >> no question about it, neil. and, look, we have a three-branch system of government in washington. the president is the chief of the executive branch, that means the president doesn't make th
ABC
Jan 13, 2013 4:00am PST
. the president is looking not to negotiate own the debt ceiling. >> the only option is for the congress to pass. no substitute for congressional action and see the republicans in the house are saying we're only going to increase the debt limit if indecembering the debt ceiling is met dollar or dollar for cuts. there doesn't appear to be away around it and there's more stalemate. >> george stephanopoulos, thanks for your reporting. two powerhouse roundtables, "this week" coming up later right here on abc. george, thanks again. >>> the golden globes are tonight and awards have been considered a good indicator for the oscars but a controversy is brewing over one of the top contenders, "zero dark thirty," the director was snubbed and legendary actors are telling members not to cast ballots for it because of graphic scenes involving torture. abc's john muller is here with more. >> good morning, bllg. there is no doubt "zero dark thirty" is the most controversial film of award season. now, opponents say glorifies the torture of terror suspects and some sources are claiming that got major celebrity ba
CBS
Jan 13, 2013 8:30am PST
. >> schieffer: let's shift the matters back here at home. money, we've got the debt ceiling argument coming up here. the government's going to run out of money at the end of february if something isn't done. do you see more of the same what we saw during this fiscal cliff or is this something better on the horizon. >> wouldn't that be great if i could say yes but i can't say yes. remember when the election ended and it looked like this was going to be an era of compromise. john boehner came out and said of course we want to work with the president. the president said of course we want to work with the public. that was shattered within about 20 minutes after both men said that. and so i don't think we're looking at compromise anywhere, it's really about who can get their way by trying to intimidate the other side more. so democrats not the president but other democrats saying hey here's a way that's not compromise. we're going to print a coin, a trill undollar coinen dollar coin. think of this sort of establishment republican saying how about a partialual shut down of the government to get what
CNBC
Jan 13, 2013 6:00am EST
and then sequestration issues and we will face them again with the debt ceiling debate i'm sure, and then all of those problems and you will see the concerns and the stock will sell off, but the longer term cyclical story for the company is positive. 50% of the operating costs for an airline is now fuel costs up from 25% as many years ago and that obviously means that the way for them to resolve that is newer and more efficient aircraft. this is efficient aircraft and the way of the future, and all we need to do is to see them continue to keep their production up. ten a month is what we are looking for by the end of the year by boeing, a we and we are not seeing cancellations, and airlines are not taking them out of the sky. new aircraft has had these problems and we saw them with the a-80 and those were structural issues with the wing, and that is what would give you reservations about getting on a plane, and that would be it. but they will resolve the problems and this is a pullback to buy the stock. >> and mike is bullish and using a risk reversal, and let's crack open the playbook to see how it wo
NBC
Jan 13, 2013 10:00am PST
proposal is a political statement but there's no way that become a legislative reality. chris: debt ceiling coming up very fast next couple of weeks. how bad is it going to get? >> i think it can be very bad. both sides have positions that are -- genuinely playing chicken and both are prepared to crash the car. i think if anything this is more stark than the crisis that we had. chris: who gets blamed? by the american people when we see the government stop and our credit rating get bounced down again? >> republicans would and they know that. chris: they win. >> they're afraid of a debt ceiling confrontation or actually defaulting on the debt. they don't want to be blamed for that. >> the tea party people are not here to legislate. they're here to de'mon strailt. -- to demonstrate. they didn't get to do it on the fiscal cliff in the end. they want to do it to something and go over the edge. and this will take them over the edge and they will lose politically and the president is going to have to scramble to shut things down. and credit ratings will be affected. chris: when is the public going
FOX
Jan 12, 2013 10:00pm PST
dollar coin to avoid getting around the debt ceiling. some lawyers and economists suggested a plan in which the treasury simply administered a coin worth a trillion dollars and have it deposit intoed federal reserve. that would allow continued spending in the absence of a vote to raise the debt ceiling. >>> back in action, the nhl lockout is officially over. when the players will be hitting the ice again. >>> it's getting colder in the bay area. how long will it last? meteorologist mark tamayo is up next with when warmer weather is expected to move in. i have evidence that proves my dad's a space alien. he speaks a weird uage. [ gargling ] [ gargling ] he drinks green stuff. he says he's from albuquerque. i'm not buying it. i mean, just look at him. and one more thing -- he has a spaceship. [ whirring ] the evidence doesn't lie. my dad's an alien. [ male announcer ] the highly advanced audi a6. named to car and driver's 10 best. ♪ . >>> well, the bay area still locked in this frigid weather pattern for the third night in a row. we're still talking about freeze warnings and frost
MSNBC
Jan 13, 2013 1:00pm PST
about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a struggle speaking to a whole segment of the population about our principles of limited government and free enterprise if they think we don't want them here, alluding to those who might benefit from the d.r.e.a.m. act. so republicans have their own pr campaign to conduct with latinos on immigration reform, but how is the president going to combat republicans who want to see a more piece meal approach as we move forward here? >> reporter: i think we've seen the way the president has handled other recent challenges from his republican opposition when you consider just the fiscal cliff hanger as it were with campa
FOX Business
Jan 13, 2013 1:00am EST
sustainability here for the future and they're going to get a chance to hopefully when they have this debt ceiling discussion. >> even the democrats, mr. treasurer, and the republicans, actually agrees that this is a bogus thing, that this is a temporary fix, and that the one thing they agreed on, in the fiscal cliff, we need to get back to some normalcy. >> brenda: okay, i'm sorry, guys, that's got to be the last word. we will have a long debate on this for a while, i'm sure. thanks, guys, you get sick and get to work? turns out workers afraid of losing their job are afrai of that. and that has neil's team seeing why this flu season is so bad. that's at the bottom of the hour. first, 128 million reasons why we're see so in bt. a number growing faster than the population. it's the headline no one else 7,000 high school students drop out every school day. that's a line of desks more than 4 miles long. we can keep students in school. visit boostup.org and take the first step. word yet how many have to stay behind. i'm kelly wright, now, back to bulls and bears. >> brenda: we may have just di
ABC
Jan 13, 2013 7:00am PST
is facing is the looming debt ceiling and paul krugman has been advocating the secure provision to mint an trillion-dollar platinum coin. the administration says that is not going to happen. the president is looking not to negotiate on the debt ceiling. >> the only option is for the congress to pass. no substitute for congressional action, but you see the republicans in the house are saying we're only going to increase the debt limit if the debt limit is met dollar or dollar for spending cuts. that is a recipe for stalemate. there doesn't appear to be a way around it and there's more stalemate. >> george stephanopoulos, thanks for your reporting. george, by the way, has a packed show with two powerhouse roundtables, "this week" coming up later right here on abc. george, thanks again. >>> meantime, the golden globes are tonight and awards have been historically been considered a good indicator for the oscars, but a controversy is brewing over one of the top contenders for best film, "zero dark thirty." its director was already snubbed by the academy and some legendary actors are telling
KICU
Jan 12, 2013 11:30pm PST
. >>> the treasury department says it will not menta trillion dollar coin to avoid getting around the debt ceiling. some lawyers and economists suggested a plan in which the treasury simply administered a coin worth a trillion dollars and have it deposit intoed federal reserve. that would allow continued spending in the absence of a vote to raise the debt ceiling. >>> back in action, the nhl lockout is officially over. when the players will be hitting the ice again. welcome se my lcret d you are?air.an your worst nightmare mr. box. since you foolishly brought back your bonus jack! i have copied your two pure beef patties, lettuce, melting cheese, pickles, and middle bun, plus fries and a drink for $4.49. and now you will tell me what is in your secret sauce!! uh, i think i know. "we all know," "pretty obvious." you couldn't tell me when i handed out the wiener-dog lasers!?! u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we kn
CNN
Jan 13, 2013 4:00am PST
that the trillion dollar coin could be a loophole for the white house if congress doesn't raise the debt ceiling. the doesn't believe the law can or should be used to make platinum coins to avoid an increase in the debt limit. >>> on tuesday, vice president joe biden is expected to deliver recommendations from his gun task force to the president. biden was in meetings last week with gun control supporters, gun rights groups, movie industry leaders and video game leaders. all an effort to prevent more mass shooting. here are some examples of what could be on the list of recommendations. you might see universal background checks and closing the gun show loophole and also the white house is believed to favor ban on assault weapons and high capacity magazines. >>> well, we said it before, congress is unpopular. but worst than cockroaches, really? new numbers from public policy polling pitted congress against the worst of the worst. they found that congress was less popular than brusal sprouts. what did congress beat? lindsay lohan and the kardash n kardashians. not saying much. >>> if you're one of
CSPAN
Jan 13, 2013 11:15am EST
a parliamentary party was not rewarded. taking the debt ceiling hostage was rewarded. calling the obama health care plan which was there room only a few years earlier socialism was not rewarded. that means, they have to begin to rethink themselves. importantly, democrats will not automatically embrace the same tactics in the opposition. i think that was an important change that creates a
FOX Business
Jan 12, 2013 8:00pm EST
on february 12th just days before the debt ceiling limit. not every politician is as gifted speaker but hit kim cooper fumbled his state of the state address yesterday. >> working together we can punch holes -- if jesus. [laughter] it is the crescendo working together, we can punch some pretty vague goals in the darkness. god bless colorado. lori: a great sense of colorado. he got a great laugh. and not just the old boys' club with a critical article with this picture the president meeting with 10 mail advisers but the white house put it this bichir the next day president obama with three female advisers. if you are still outraged now it is president obama with three advisers female and three advisers mail trying to call for more diversity. if you are an adrenaline junkie not afraid of snakes before the fish and wildlife conservation commission kicks off the python challenge tomorrow for anyone who wants to hunt down the burmese python as an effort to rid the state of 150,000 non native price since one negative pythons there is every board to $1,000 suit ketches the longest and 1500 to whoe
FOX News
Jan 12, 2013 4:00pm PST
with congress over raising the debt ceiling. the u.s. has reached borrowing limit it did so last week by late february or early march. the treasury department will run out of ways to cover its debt and could begin defaulting. the pentagon looking at a request from france for drone support. france wants the assistance as its military takes on al qaeda linked terrorists terrorists in. french troops drive back rebels take back control of big chunk of west african nation. turning now to the civil war raging in syria. international efforts to hold the syrian government responsible for war crimes now. more than 50 nations backing a plane conflict to the international criminal court. this as rebel forces and syrian troops battle for control of key territory outside of syria's capital damascus. the u.n. estimating now 60,000 people have conor powell has the latest russia announcing today it continues to support u.n. backed peace efforts but also undermining those efforts by saying that the removal of president assad from power cannot be a precondition to talks. this comes as rebels have taken control
CNN
Jan 13, 2013 5:00am PST
if congress does not pass the debt ceiling. . it has been less than one month since the tragic shooting at sandy hook elementary in connecticut and the country is deeply divided over the issue of gun control, and the deadline is approaching for vice president joe biden to representative his recommendations to the president which should happen tuesday. cnn's candy crowley is taking up the debate in today's "state of the union" and candy, i understand that you have a pretty outspoken guest on the show. >> well, a couple of them. david keene who is the president of the national rifle association and also we will talk to the new senator from connecticut chris murphy and i spoke to him a month ago up there on the scene at newtown, and then we want to try to take a look of this from a bipartisan approach if that is possible. there is a new group forming with senator joe manchin who is a democrat from west virginia and jon huntsman who was a presidential candidate a moderate who is trying to form this group to form bipartisanship, and is that possible anymore? we want to look at gun debate thr
CNN
Jan 13, 2013 6:00am PST
of the political discontent, raising the debt ceiling, preventing sequestration, and funding the federal government for 2013 and passing gun regulations or not, and tackling immigration, and to-do list for congress looks more like the new year's resolutions that you won't get around to. >> republicans in congress brought this house to a new low last night. >> the senate proceeded like a bull in a china closet. >> they are like salespeople who tell the customers to have the $30,000 car, but only pay $18,000 for it. >> now, a number of politicians, current and former, have joined forces to create a partisan-free environment, and called "no labels" they are pledged to a simple obligation, stop fight ing and start fixing. will the compromise and chances for success be for no label? we are joined by former presidential candidate jon huntsman and congressman joe manchin next. bacon? -oh! -oh! oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your story for a chance to win a progress-oh! makeover in hollyw
CNN
Jan 13, 2013 2:00pm PST
in circulation. the federal government has already reached that debt ceiling, by the way, of nearly $16.4 interest. >>> and did we really open our wallets over the holidays? this week, we will get a pretty good look at just how much retailers rake in. senior partner and managing director of the boston consulting group and author of the u.s. manufacturing renaissance and he joins me from chicago. welcome, hal. let's talk about retail sales. >> good to be with you. >> and also talk about housing start numbers for december. what do you think this is going to tell us about where our economy is and where we are going? >> the economy had a rocky period, especially because of the last fiscal cliff. we were concerned that companies and consume verse stopped spending. what we will find out this month is whether that is true or not. most important is retail sales. retail sales and the consumer account for about 60% of all of our economy. except the consumers are spending the economy tends to do well. in the month of november, before the fiscal cliff, retail sales grew by about .3%. not a bad numb
FOX Business
Jan 12, 2013 11:00pm EST
not market -- market all of. gerri: you bring a degree point because the first time we had the debt ceiling issue, which is the one now looming in congress, we saved 2,000 points of the stock market. it did not last, thankfully, but it was scary. it may allow the people uneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all they're doing getting in our way causing a lot of banks and warrior necessarily for the american public and investors or a wide. gerri: a broader question. you're a smart guy and you watch all this stuff. one of the things the we're waiting for, listening tour, s&p, moody's, downgrade are dead again, what will happen? we will be the ramifications? how will that hit individual investor portfolios? >> there is a risk that traditionally when they're is a downgrade of a bond rating the value of the bond goes down as well, which means if you own u.s. government securities you're going
FOX News
Jan 12, 2013 10:00pm PST
raising the debt ceiling. the u.s. already reached its borrowing limit and could begin defaulting on government loans by late february or early march. i'm marianne rafferty. now, back to "geraldo at large." for all your latest headlines log on to fox news .com. braps decided by a judge who will listen to the evidence beginning on the 13th day of february. and he will make that decisiond based upon all of the evidenc that is being presented. >> give be the fact that the two alleged perpetrators the principal people involved werel members of the exhalted football team is isn't it fair to say that the case has been handled differently than if, say, they were members of the chess squad? >> i really don't think so. i know that allegation has been made but i have seen nothing is the investigation that we would have s handled this any differently. it would not have been any different no matter who it was. >> granted you still have someo interviews to conduct but it sounds from the tone that you have concluded there are two people perpetrators involveder and only two? >> in regard to >> i
FOX News
Jan 13, 2013 8:00am PST
over the nation's debt. round 2. some saying the white house doesn't need congress to raise the debt ceiling. coming up, former mississippi governor haley barbour will explain. at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. hamburger helper can help you back. and with box tops for education on every box, it helps you help your school. so you're doing good, just by making dinner. hamburger helper. available at walmart. so you're doing good, just by making dinner. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally.
NBC
Jan 13, 2013 7:00am PST
to avoid a fight over the debt ceiling. a legal technicality allowses the treasury to mint coins and assign them any value. some democrats have suggested trillion-dollar coins could be minted, deposited in the federal reserve and used by the treasury department to pay off debt. both the treasury department, though, and the federal reserve say that's not happening. >>> coming up, a new plan could be in place tomorrow to try to ease commute congestion on one bay area bridge. >>> plus -- >> two hours we've given 400 flu shots. >> people demanding flu vaccines. we'll tell you what the supply looks like here in the bay area and where you might be able to get one yourself. >>> looking live outside, san jose, outbreak of freezing temperatures this morning. we have upper 20s to low 30s. and a very cold sunday afternoon in store. we'll show you how you can expect the day to shape up in your weather forecast when we come right back. [ female announcer ] pillsbury crescents on their own are fantastic but add some sauce, pepperoni and cheese and fold up the crescent dough...and presto! tuesday night ju
ABC
Jan 13, 2013 5:00am PST
the debt ceiling. treasury officials say it's illegal to mint a coin for a purpose like that. >>> he's considered one of the greatest cyclists of all-time but hanging over his head are charges of doping to achieve that success. well now lance armstrong may be coming clean about drug use during his tour de france races. abc news reporter mark greenblat has the latest. >> in his last interview with oprah nearly two years ago, lance armstrong got a hero's welcome. now disgraced and labeled as a cheater, he will face a much tougher audience when he sits with her again. but if, as expected, armstrong confesses to doping, it would likely come only after the statute of limitations on perjury charges ran out. following this strong denial under oath. >> i just want to make sure your testimony is clear. if it cannot be any clearer that i've never taken drugs. >> still an about-face could land hem in serious hot water. he's still facing an ongoing federal whistle blower's suit that's tightly under seal and another investigation from a british newspaper and from a promoter that wants $7.5 millio
ABC
Jan 13, 2013 6:00am PST
to raise the debt ceiling. treasury officials say it's illegal to mint a coin for a purpose like that. >>> he's considered one of the greatest cyclists of all-time but hanging over his head are charges of doping to achieve that success. now lance armstrong may be coming clean about drug use during his tour de france races. abc news reporter mark greenblat has the latest. >> in his last interview with oprah nearly two years ago, lance armstrong got a hero's welcome. now disgraced and labeled as a cheater, he will face a much tougher audience when he sits with her again. but if, as expected, armstrong confesses to doping, it would likely come only after the statute of limitations on perjury charges ran out. following this strong denial under oath. >> i just want to make sure your testimony is clear. if it can't be any clearer that i've never taken drugs. >> still an about-face could land hem in serious hot water. he's still facing an ongoing federal whistle blower's suit that's tightly under seal and another suit from a british newspaper and from a promoter that wants $7.5 million off.
CNN
Jan 13, 2013 9:00am PST
boehner. >> but now is the long winter of our political discontent. raising the debt ceiling, preventing sequestration, and funding the federal government for 2013 and passing gun regulations or not, and tackling immigration. the to-do list for congress looks more like the new years's resolutions you won't get around to. >> republicans in congress brought this house to a new low last night. >> the senate proceeded like a bull in a china closet. >> they are like salespeople who tell their customer they can have the $30,000 car but only pay $18,000 for it. >> now, a number of politicians, current and former, have joined forces to create a partisan-free environment, and called "no labels" they are pledged to a simple proposition, stop fighting and start fixing. we'll discuss compromise and the chances for success with the no labels chairman, democratic senator joe manchin of west virginia and former republican governor of utah jon huntsman, next. she wants. now you can with new stayfree ultra thins. flexible layers move with your body, while thermocontrol wicks moisture away. keep moving. n
CSPAN
Jan 13, 2013 6:30pm EST
, gretchen morgenson on the mortgage lending rules, and then a talk on debt ceiling options. after, alcohol, tobacco, and firearms bureau' evan perez, tomorrow on "washington journal," 7:00 a.m. eastern. with the inauguration just seven days away, preparations were outside the capital, with stand- in's for the president, first lady, joe biden, and his wife. it is one of the many ceremonies taking place on inauguration day. >> forward, march. ♪ march. ♪ ♪ ♪ ♪ >> you can watch the public inaugural ceremonies marking the beginning of president obama's second term, including the swearing in, the luncheon, and the parade. the roc the day, we will take your phones, calls, and on twitter. this is a
FOX News
Jan 13, 2013 11:00am PST
or so. the president has too deal with the debt ceiling. he wants to pass major immigration reform. >> absolutely. >> chris: do something about climate change. has he told you how much political capital he is willing to spend on what is going to be a very tough fight? >> i think that the president has demonstrated tremendous leadership on this issue. i think the country rallied around him and h his leadership because he really was a voice for the parents who lost a child. >> chris: has he told you how much -- >> and i see from his actions and we hear from the white house and we hear from the vice president that they are going to lay down political capital on the issue and i think the one thing i would say to those people like larry and others who said we can't do anything about these issues is that whether it comes from the background checks or dealing with high capacity magazines which was the issue in newtown we can take action and to say that we should do nothing really doesn't respond to those parents in newtown who lost children in this horrible tragedy. >> chris: thank you bo
NBC
Jan 13, 2013 6:00am PST
it will draw down so much political capital? he is locked in trench warfare because of the debt ceiling fight on additional revenue and spending. that's going to take a lot of energy. there are foreign policy matters. he wants to advance immigration. so it's unclear to me how much of a fight he wants on guns what he would have to, it seals, make it a singular issue to really campaign for it to overcome some of the obstacles particularly in the house which is such an obstacle on budget matters, let alone something as decisive as this. >> we will check back with you to find out what's coming up on "meet the press". >>> thanks. >>> the high drama and high fashion of don't's golden globes. we'll tell you more about it after this. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors wh
MSNBC
Jan 13, 2013 11:00am PST
to focus on the debt ceiling, focus on funding for sandy. i have two very good senators in the senate, we are going to support that. this campaign is over a year away. you know new jersey has to focus on a governor's race and legislative race. for know do it good exploration, due diligence for running i have to file. >> not ruling out challenging? >> not ruling out anything but premature to be speculative. >> i don't want us to leave without taking on a topic that has been big this week, if you saw the new york times with the hall of fame voting reflecting the steroids era, there it was. the inductees, a blank page, the likes of barry bonds, sosa and others were not inducted. now you have got haley barbour, lance armstrong, preparing to do an interview, famously win over the tour de france but has lost those titles because of doping accusations. it appears that he may make some confessions here, like to be reinstated, according to some of the reports be to be able to compete in the olympics or triathlons and the like. how does this work? public mea culpas and reinstating his good name? >>
CSPAN
Jan 12, 2013 9:00pm EST
in the congress, and issues including the debt ceiling, immigration, and gun laws. newsmaker is this sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. now, a discussion about the balance between combating terrorism and national security. lisa monaco, who leads the national security division, talked about prosecuting terrorism cases and coordinating the work of law enforcement and the intelligence community. this is 25 minutes. [applause] >> thank you very much for that generous introduction. i am going to have to focus on the chinese proverb. it is not one that i had seen before. good morning, everyone, and thank you for coming out this morning. i want to thank the standing committee and the work she always does to put these events on and, of course, jim. and all of you and coming out this morning. i'm going to spend a few moments this morning talking about the role of the national security lawyer and the unique position the division occupies in that regard. and also about some of the emerging issues we are facing and we are focusing on in the national security division. we will have a few mi
CSPAN
Jan 13, 2013 12:00am EST
representative of california. issues include the debt ceiling debate, immigration, and gun laws. "newsmakers" on sunday at 10 a.m. and 6 p.m. eastern on c- span. >> student cam video entries to the president are now due. get them in by friday. the grand prize is $5,000. total prices is the $2000. >> now an american bar association about the balance between combating terrorism and national security law. assistant attorney general lisa mine october leads the national security -- lisa monaco leads the national security. this is 25 minutes. [applause] >> thank you very much for that generous introduction. i am going to have to focus on the chinese proverb. it is not one that i had seen before. good morning, everyone, and thank you for coming out this morning. i want to thank the standing committee and the work she always does to put these events on and, of course, jim. and all of you and coming out this morning. i'm going to spend a few moments this morning talking about the role of the national security lawyer and the unique position the division occupies in that regard. and also about some of
MSNBC
Jan 13, 2013 5:00am PST
and deposit it to the federal reserve to step aside of a fight with the debt ceiling and and after the treasury department issued a statement saying that quote, neither the treasury department nor the federal reserve believes the law can or should be used to facilitate the production of platinum coins to avoid the increase in the debt limit. and finally a quick personal update, i'll be in baltimore on wednesday to talk about my book "twilight of the elites." a chapter about the steroids era in baseball and i'll be at pratt library. >>> and you should know aaron schwartz has died of suicide at age 26. his body was found in his apartment on friday. aaron was one of those naturally brilliant precocious hackers who at the age of 14 codeveloped the syndication of rss web protocol and is a key component of the we be's infrastructure. he founded a company to merge with a user generated social site which is one of the most highly trafficked. reviewed doz. he wrote beautifully and prolifically. he worked with progressive change committee and founded demand progress to keep the internet open
CSPAN
Jan 13, 2013 2:00am EST
in defense and defense budgeting with various debt ceiling deals, averted sequestration or not averted sequestration, this is a very timely period to be having this conversation. we are joined by a fantastic panel of experts to help us cut trees some of this confusion. and pull back and look at some of the bigger strategic questions out there. i'm joined by three folks. the senior fellow and director of research here at brookings institution. he is one the most prolific voices in this issue and has written hundreds of articles, including one on foreignpolicy.com right now. his most recent book includes opportunity, why nuclear arms is still important and the wounded giant, america's armed forces in an age of austerity. the larger and by one of the top thinkers and teachers in the field of security studies. he is a professor at columbia in university. his numerous books have garnered critical success from the american political science association for the best book in political science. he is also a key facilitator of a facility studies workshop. he has a great deal of experience in the
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